Nintendo new console next year?

Nintendo Co., the world's biggest maker of hand-held game players, said it will debut a new video-game machine in Japan next year and start console sales in China to spur revenue after posting its first loss since going public in 1962.

The company will start selling the next-generation video game machine next year in Japan. It didn't say whether the machine would be hand-held. Sales of consoles will begin in China this month, Nintendo said.